25 September 2020
2020- n° 247In Q2 2020, the producer costs for construction decreased (–0.5%) Costs of production indices in construction - second quarter 2020
In Q2 2020, the producer costs for construction decreased (–0.5% after +0.7% in the previous quarter). The decrease was mainly due to a declining of costs in civil engineering (–3.7% after +1.2%) connected to the fall of raw material prices (including petroleum products) during the lockdown period. Costs in building construction increased slightly (+0.2% after +0.5%). Those in specialised construction works were virtually stable (+0.1% after +0.6%).
Over a year, the producer costs for construction decreased (–0.2% after +0.6% in the first quarter 2020). They dropped sharply in civil engineering over a year (–4.8% after +0.3%) and increased slightly both in building construction (+0.6% as in the previous quarter) and in specialised construction works (+0.7% as in the previous quarter).
In Q2 2020, the producer costs for construction decreased (–0.5% after +0.7% in the previous quarter). The decrease was mainly due to a declining of costs in civil engineering (–3.7% after +1.2%) connected to the fall of raw material prices (including petroleum products) during the lockdown period. Costs in building construction increased slightly (+0.2% after +0.5%). Those in specialised construction works were virtually stable (+0.1% after +0.6%).
Over a year, the producer costs for construction decreased (–0.2% after +0.6% in the first quarter 2020). They dropped sharply in civil engineering over a year (–4.8% after +0.3%) and increased slightly both in building construction (+0.6% as in the previous quarter) and in specialised construction works (+0.7% as in the previous quarter).
tableauVariations in producer cost indices for construction
Heading | Weights (in %) | Q2 2020/ Q1 2020 | Q2 2020/ Q2 2019 |
---|---|---|---|
F Construction | 100.0 | -0.5 | -0.2 |
41.2 Construction of buildings | 10.2 | 0.2 | 0.6 |
42 Civil engineering | 15.9 | -3.7 | -4.8 |
43 Specialised construction works | 73.9 | 0.1 | 0.7 |
43BT Buildings | 65.2 | 0.2 | 0.9 |
43BTC New buildings | 24.7 | 0.2 | 0.7 |
43BTR Existing buildings | 40.5 | 0.3 | 1.1 |
43TP Specialised works for civil engineering | 8.7 | -1.3 | -1.5 |
Buildings (41.2 + 43BT) | 75.4 | 0.2 | 0.9 |
Public works (42 + 43TP) | 24.6 | -2.8 | -3.6 |
- Source : INSEE
tableauItems of producer cost indices for construction
Costs | items | Q2 2020/ Q1 2020 | Q2 2020/ Q2 2019 |
---|---|---|---|
Equipment | Buildings | 0.4 | 2.0 |
Public works | -1.6 | -2.1 | |
Labour | Labour costs in construction | 0.3 | 2.8 |
Energy | Buildings | -13.9 | -18.0 |
Public works | -15.1 | -19.8 | |
Materials | Construction of buildings | 0.1 | -0.7 |
Existing buildings | -0.3 | -1.0 | |
Civil engineering | -6.9 | -9.8 | |
Specialised works for civil engineering | 0.1 | -0.7 |
- Source : INSEE
tableauProduction costs in construction
Construction of buildings | Civil engineering | Specialised construction works | Construction | |
---|---|---|---|---|
2015-01 | 100.1 | 100.0 | 99.9 | 99.9 |
2015-02 | 100.2 | 99.3 | 100.0 | 99.9 |
2015-03 | 100.2 | 100.8 | 100.1 | 100.2 |
2015-04 | 100.2 | 101.0 | 100.0 | 100.2 |
2015-05 | 100.3 | 101.7 | 100.1 | 100.4 |
2015-06 | 100.1 | 102.0 | 100.1 | 100.4 |
2015-07 | 100.2 | 101.7 | 100.1 | 100.4 |
2015-08 | 100.2 | 100.6 | 100.1 | 100.2 |
2015-09 | 99.7 | 98.9 | 99.8 | 99.7 |
2015-10 | 99.5 | 98.4 | 99.8 | 99.5 |
2015-11 | 99.6 | 98.2 | 100.0 | 99.7 |
2015-12 | 99.5 | 97.3 | 99.9 | 99.5 |
2016-01 | 99.3 | 96.1 | 99.8 | 99.2 |
2016-02 | 99.2 | 95.7 | 99.9 | 99.1 |
2016-03 | 99.4 | 96.0 | 100.1 | 99.4 |
2016-04 | 99.3 | 96.3 | 100.0 | 99.4 |
2016-05 | 99.6 | 97.1 | 100.2 | 99.6 |
2016-06 | 100.1 | 98.5 | 100.5 | 100.2 |
2016-07 | 100.2 | 99.0 | 100.6 | 100.3 |
2016-08 | 100.4 | 98.9 | 100.7 | 100.4 |
2016-09 | 100.5 | 99.1 | 100.8 | 100.5 |
2016-10 | 100.4 | 99.5 | 100.8 | 100.6 |
2016-11 | 100.5 | 100.2 | 100.9 | 100.7 |
2016-12 | 100.7 | 100.6 | 101.2 | 101.0 |
2017-01 | 101.3 | 102.7 | 101.8 | 101.9 |
2017-02 | 101.7 | 102.9 | 102.1 | 102.2 |
2017-03 | 102.0 | 102.9 | 102.4 | 102.5 |
2017-04 | 102.3 | 102.5 | 102.6 | 102.6 |
2017-05 | 102.2 | 102.7 | 102.5 | 102.5 |
2017-06 | 102.2 | 102.3 | 102.6 | 102.5 |
2017-07 | 102.2 | 102.1 | 102.6 | 102.5 |
2017-08 | 102.4 | 102.2 | 102.7 | 102.6 |
2017-09 | 102.2 | 102.5 | 102.6 | 102.5 |
2017-10 | 103.0 | 103.4 | 103.2 | 103.2 |
2017-11 | 103.3 | 104.2 | 103.7 | 103.7 |
2017-12 | 103.8 | 105.0 | 104.1 | 104.2 |
2018-01 | 104.1 | 105.7 | 104.4 | 104.6 |
2018-02 | 104.1 | 105.7 | 104.4 | 104.6 |
2018-03 | 104.0 | 105.2 | 104.3 | 104.4 |
2018-04 | 104.4 | 105.9 | 104.6 | 104.8 |
2018-05 | 104.8 | 107.2 | 105.1 | 105.4 |
2018-06 | 104.9 | 109.0 | 105.3 | 105.8 |
2018-07 | 105.0 | 109.3 | 105.5 | 106.0 |
2018-08 | 105.2 | 109.8 | 105.6 | 106.3 |
2018-09 | 105.2 | 110.0 | 105.6 | 106.3 |
2018-10 | 105.3 | 110.5 | 105.8 | 106.5 |
2018-11 | 105.2 | 111.3 | 105.6 | 106.5 |
2018-12 | 105.1 | 109.4 | 105.5 | 106.1 |
2019-01 | 105.7 | 108.3 | 106.1 | 106.4 |
2019-02 | 106.3 | 109.3 | 106.7 | 107.1 |
2019-03 | 106.7 | 110.9 | 107.2 | 107.7 |
2019-04 | 106.6 | 111.2 | 107.2 | 107.7 |
2019-05 | 106.4 | 111.3 | 106.8 | 107.5 |
2019-06 | 106.2 | 110.6 | 106.5 | 107.1 |
2019-07 | 106.4 | 110.3 | 106.8 | 107.3 |
2019-08 | 106.6 | 110.4 | 107.0 | 107.5 |
2019-09 | 106.6 | 109.5 | 107.1 | 107.4 |
2019-10 | 106.4 | 109.7 | 106.9 | 107.3 |
2019-11 | 106.2 | 108.1 | 106.7 | 106.9 |
2019-12 | 106.2 | 107.7 | 106.7 | 106.8 |
2020-01 | 106.6 | 109.4 | 107.1 | 107.4 |
2020-02 | 106.9 | 110.4 | 107.5 | 107.9 |
2020-03 | 107.0 | 109.6 | 107.7 | 107.9 |
2020-04 | 106.8 | 105.5 | 107.4 | 107.0 |
2020-05 | 107.0 | 105.1 | 107.5 | 107.1 |
2020-06 | 107.4 | 106.6 | 107.7 | 107.5 |
graphiqueProduction costs in construction
Material cost decreased in civil engineering and were stable in the building construction
In Q2 2020, the cost of materials dropped in civil engineering (–6.9% after +2.9% in the previous quarter) led by the decrease of bitumen prices. It was virtually stable in building construction (+0.1% after +0.2%) and in specialised works for civil engineering (+0.1% after +0.6%).
Over a year, material cost fell in civil engineering (–9.8% after +0.3% in the first quarter 2020). It decreased once more in specialised works for civil engineering and in building construction (–0.7% as in the previous quarter).
tableauMaterials cost
Construction of buildings | Civil engineering | Existing buildings | Special works for civil engin. | |
---|---|---|---|---|
2015-01 | 100.8 | 101.1 | 100.6 | 100.9 |
2015-02 | 100.9 | 97.7 | 100.5 | 100.1 |
2015-03 | 100.8 | 101.7 | 100.4 | 99.9 |
2015-04 | 100.8 | 101.8 | 100.2 | 100.2 |
2015-05 | 100.9 | 103.7 | 100.3 | 100.4 |
2015-06 | 100.4 | 104.8 | 100.2 | 100.3 |
2015-07 | 100.3 | 104.2 | 100.2 | 100.1 |
2015-08 | 100.3 | 102.1 | 100.2 | 100.6 |
2015-09 | 99.6 | 97.5 | 99.8 | 100.1 |
2015-10 | 99.0 | 96.2 | 99.7 | 99.6 |
2015-11 | 98.6 | 95.4 | 99.1 | 99.2 |
2015-12 | 97.8 | 93.8 | 98.8 | 98.6 |
2016-01 | 97.0 | 90.0 | 98.5 | 99.2 |
2016-02 | 96.5 | 88.8 | 98.1 | 98.6 |
2016-03 | 96.3 | 88.8 | 98.1 | 98.0 |
2016-04 | 96.2 | 89.6 | 97.9 | 98.3 |
2016-05 | 97.0 | 91.1 | 98.2 | 98.4 |
2016-06 | 97.9 | 94.5 | 98.7 | 98.7 |
2016-07 | 98.0 | 96.1 | 98.7 | 98.7 |
2016-08 | 98.5 | 95.7 | 98.9 | 98.7 |
2016-09 | 98.6 | 96.1 | 98.9 | 98.8 |
2016-10 | 97.9 | 96.6 | 98.5 | 98.5 |
2016-11 | 97.9 | 98.1 | 98.5 | 98.3 |
2016-12 | 98.2 | 98.5 | 98.9 | 98.2 |
2017-01 | 99.1 | 102.9 | 99.8 | 99.2 |
2017-02 | 99.4 | 102.8 | 100.0 | 99.1 |
2017-03 | 99.7 | 102.7 | 100.3 | 98.9 |
2017-04 | 100.2 | 101.5 | 100.6 | 98.9 |
2017-05 | 100.1 | 102.6 | 100.7 | 99.3 |
2017-06 | 100.1 | 101.8 | 100.9 | 99.1 |
2017-07 | 99.8 | 101.5 | 100.8 | 99.2 |
2017-08 | 100.2 | 101.7 | 101.2 | 99.2 |
2017-09 | 100.2 | 102.3 | 100.9 | 99.4 |
2017-10 | 101.2 | 103.7 | 101.5 | 99.9 |
2017-11 | 101.2 | 104.6 | 101.4 | 100.2 |
2017-12 | 101.4 | 106.0 | 101.5 | 100.1 |
2018-01 | 102.4 | 106.4 | 102.3 | 101.3 |
2018-02 | 102.6 | 106.6 | 102.5 | 101.2 |
2018-03 | 102.7 | 105.7 | 102.6 | 101.3 |
2018-04 | 103.1 | 106.7 | 103.3 | 101.8 |
2018-05 | 103.3 | 109.3 | 103.8 | 102.2 |
2018-06 | 103.1 | 113.6 | 103.6 | 101.6 |
2018-07 | 102.8 | 114.1 | 103.6 | 101.6 |
2018-08 | 103.1 | 115.3 | 103.6 | 101.9 |
2018-09 | 103.2 | 115.5 | 103.5 | 102.1 |
2018-10 | 103.3 | 116.6 | 103.4 | 101.9 |
2018-11 | 103.1 | 119.3 | 103.5 | 101.6 |
2018-12 | 102.8 | 114.7 | 103.4 | 101.1 |
2019-01 | 103.8 | 110.7 | 104.0 | 103.0 |
2019-02 | 104.0 | 111.9 | 104.3 | 102.7 |
2019-03 | 104.2 | 115.2 | 104.4 | 102.8 |
2019-04 | 104.1 | 116.1 | 104.5 | 103.1 |
2019-05 | 104.1 | 117.4 | 104.5 | 103.0 |
2019-06 | 104.1 | 116.3 | 104.0 | 102.8 |
2019-07 | 103.7 | 114.8 | 103.6 | 102.6 |
2019-08 | 103.8 | 115.3 | 103.4 | 102.4 |
2019-09 | 103.6 | 111.7 | 103.3 | 102.2 |
2019-10 | 103.2 | 112.9 | 103.2 | 101.7 |
2019-11 | 103.0 | 108.9 | 103.5 | 101.5 |
2019-12 | 103.0 | 107.6 | 103.3 | 101.3 |
2020-01 | 103.4 | 111.8 | 103.5 | 102.0 |
2020-02 | 103.2 | 114.2 | 103.6 | 102.1 |
2020-03 | 103.3 | 112.9 | 103.7 | 102.3 |
2020-04 | 103.0 | 104.6 | 103.4 | 102.5 |
2020-05 | 103.4 | 103.8 | 103.3 | 102.5 |
2020-06 | 103.7 | 107.2 | 103.2 | 101.8 |
graphiqueMaterials cost
Equipment cost increased in building construction and decreased in public works
In Q2 2020, equipment cost slowed down in building construction over a quarter (+0.4% after +1.3% in the previous quarter) as over a year (+2.0% after +3.0%). In public works, it retreated in the second quarter (–1.6% after –0.2%) and decreased by 2.1% over a year (after –0.9%).
tableauEquipment cost
Public works | Buildings | |
---|---|---|
2015-01 | 99.9 | 99.1 |
2015-02 | 100.0 | 98.7 |
2015-03 | 100.0 | 99.1 |
2015-04 | 99.7 | 98.5 |
2015-05 | 99.6 | 99.1 |
2015-06 | 99.7 | 99.4 |
2015-07 | 99.8 | 98.8 |
2015-08 | 100.8 | 100.2 |
2015-09 | 100.5 | 100.2 |
2015-10 | 100.3 | 101.9 |
2015-11 | 100.0 | 103.2 |
2015-12 | 99.7 | 101.9 |
2016-01 | 100.0 | 100.6 |
2016-02 | 100.0 | 100.7 |
2016-03 | 100.2 | 101.2 |
2016-04 | 100.1 | 100.7 |
2016-05 | 100.2 | 100.1 |
2016-06 | 100.1 | 101.2 |
2016-07 | 99.9 | 100.3 |
2016-08 | 99.9 | 100.3 |
2016-09 | 100.0 | 100.5 |
2016-10 | 99.7 | 101.1 |
2016-11 | 99.9 | 100.7 |
2016-12 | 100.0 | 100.7 |
2017-01 | 100.4 | 101.2 |
2017-02 | 100.7 | 99.9 |
2017-03 | 100.6 | 100.1 |
2017-04 | 100.6 | 100.2 |
2017-05 | 100.6 | 100.1 |
2017-06 | 100.6 | 99.9 |
2017-07 | 100.1 | 99.9 |
2017-08 | 100.2 | 100.0 |
2017-09 | 100.2 | 99.8 |
2017-10 | 100.4 | 100.0 |
2017-11 | 100.3 | 99.9 |
2017-12 | 100.1 | 100.1 |
2018-01 | 100.6 | 100.1 |
2018-02 | 100.6 | 100.2 |
2018-03 | 100.5 | 100.2 |
2018-04 | 100.7 | 98.3 |
2018-05 | 100.8 | 99.2 |
2018-06 | 101.0 | 100.2 |
2018-07 | 101.1 | 100.6 |
2018-08 | 100.9 | 100.6 |
2018-09 | 101.1 | 100.8 |
2018-10 | 100.4 | 100.8 |
2018-11 | 100.6 | 100.9 |
2018-12 | 100.6 | 101.2 |
2019-01 | 101.4 | 100.3 |
2019-02 | 101.5 | 100.6 |
2019-03 | 101.9 | 101.4 |
2019-04 | 101.4 | 102.4 |
2019-05 | 101.1 | 101.9 |
2019-06 | 101.2 | 101.9 |
2019-07 | 101.5 | 101.9 |
2019-08 | 101.5 | 101.7 |
2019-09 | 101.9 | 101.7 |
2019-10 | 101.2 | 102.4 |
2019-11 | 100.7 | 102.0 |
2019-12 | 100.8 | 102.9 |
2020-01 | 100.1 | 103.2 |
2020-02 | 100.7 | 103.9 |
2020-03 | 101.3 | 104.2 |
2020-04 | 99.1 | 103.9 |
2020-05 | 99.0 | 104.2 |
2020-06 | 99.1 | 104.3 |
graphiqueEquipment cost
Energy cost dropped
In Q2 2020, the cost of energy retreated sharply both in building construction (–13.9% after –3.9%) and in public works (–15.1% after –3.2%), driven down by diesel and heavy fuel prices which declined sharply in April 2020 in line with oil prices.
Over a year, the cost of energy also dropped in building construction (–18.0% after –2.9%) and in civil engineering (–19.8% after –5.1%).
tableauEnergy cost
Buildings | Public works | |
---|---|---|
2015-01 | 96.9 | 95.7 |
2015-02 | 101.7 | 104.1 |
2015-03 | 104.8 | 105.3 |
2015-04 | 104.4 | 107.7 |
2015-05 | 106.7 | 109.1 |
2015-06 | 105.3 | 107.4 |
2015-07 | 102.8 | 102.8 |
2015-08 | 97.6 | 96.1 |
2015-09 | 95.8 | 95.3 |
2015-10 | 95.8 | 94.8 |
2015-11 | 95.2 | 94.4 |
2015-12 | 92.9 | 87.3 |
2016-01 | 89.0 | 86.1 |
2016-02 | 88.2 | 85.8 |
2016-03 | 91.2 | 88.7 |
2016-04 | 91.9 | 88.8 |
2016-05 | 96.1 | 93.2 |
2016-06 | 100.7 | 96.7 |
2016-07 | 98.3 | 93.8 |
2016-08 | 95.2 | 93.1 |
2016-09 | 96.6 | 94.0 |
2016-10 | 98.9 | 98.0 |
2016-11 | 100.2 | 98.2 |
2016-12 | 101.2 | 102.5 |
2017-01 | 109.6 | 108.5 |
2017-02 | 109.7 | 108.8 |
2017-03 | 108.1 | 106.4 |
2017-04 | 107.8 | 105.8 |
2017-05 | 105.1 | 102.7 |
2017-06 | 102.6 | 99.6 |
2017-07 | 101.6 | 99.6 |
2017-08 | 103.6 | 100.9 |
2017-09 | 105.6 | 103.1 |
2017-10 | 107.6 | 104.7 |
2017-11 | 110.2 | 108.7 |
2017-12 | 110.6 | 109.5 |
2018-01 | 120.1 | 118.2 |
2018-02 | 119.3 | 117.3 |
2018-03 | 118.6 | 116.9 |
2018-04 | 121.2 | 119.4 |
2018-05 | 125.7 | 122.3 |
2018-06 | 126.9 | 123.1 |
2018-07 | 125.4 | 122.7 |
2018-08 | 125.7 | 123.2 |
2018-09 | 128.0 | 125.0 |
2018-10 | 132.0 | 129.3 |
2018-11 | 128.4 | 125.1 |
2018-12 | 123.2 | 119.7 |
2019-01 | 121.2 | 119.6 |
2019-02 | 124.5 | 124.8 |
2019-03 | 126.6 | 126.6 |
2019-04 | 127.3 | 127.1 |
2019-05 | 128.5 | 125.6 |
2019-06 | 123.6 | 119.9 |
2019-07 | 123.2 | 121.1 |
2019-08 | 122.4 | 118.6 |
2019-09 | 124.3 | 121.6 |
2019-10 | 124.8 | 120.3 |
2019-11 | 124.8 | 120.8 |
2019-12 | 126.7 | 122.9 |
2020-01 | 127.5 | 124.0 |
2020-02 | 121.3 | 119.7 |
2020-03 | 112.7 | 108.5 |
2020-04 | 105.4 | 99.8 |
2020-05 | 101.1 | 97.6 |
2020-06 | 104.6 | 101.6 |
graphiqueEnergy cost
Labour cost in construction increased
In Q2 2020, the labour cost in construction increased (+0.3% after +2.0% in the previous quarter). Over a year, it sped up (+2.8% after +1.4%).
Revision
In Q1 2020, the variation in producer costs in construction has been revised by +0.5 points: +0.7% versus +0.2% as published in March 2020, mainly due to the revision of the labour cost index in the first quarter 2020. To learn more about it: https://www.insee.fr/en/statistiques/4764735
For further information
Monthly production cost indices are released every three months.
These indices aggregate the cost indices of six factors of production, four of which are commented here (equipment, labour, energy and materials) and account for more than 8/9 in the calculation of the producer costs in construction.
These indices are subject to revision. They are primarily used for national accounts and macroeconomics analyses.
Next issue: end of December 2020
Documentation
Pour en savoir plus
Monthly production cost indices are released every three months.
These indices aggregate the cost indices of six factors of production, four of which are commented here (equipment, labour, energy and materials) and account for more than 8/9 in the calculation of the producer costs in construction.
These indices are subject to revision. They are primarily used for national accounts and macroeconomics analyses.
Next issue: end of December 2020